Rockland Memorial Library Foundation

Nonprofit profile at a glance

EIN
043318428
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025, Form 990-N 2010
Location
Rockland, MA, USA
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Crime, Legal Related N.E.C.

Reported finances

Revenue
$16,599
Expenses
$15,550
Assets
$13,131

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • KAREN HAFFNER (PRESIDENT AND DIRECTOR)

People named in this filing

  • KAREN HAFFNER (PRESIDENT AND DIRECTOR)
  • DIANNE MOLINEAUX (TREASURER AND DIRECTOR)
  • GINA ELLARD (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help the rockland memorial library reach a higher standard of excellance by expanding public private support and to promote its resources and services

What it reported doing in 2025

Purchases of program supplies programs and museum passes for supported organization

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.9%; rating input score 85
  • Program expense ratio: 90.6%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.3%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.5% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 84.9% of revenue deployed · 90.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 55/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.